Get Quote: BRKA
Financials: Latest Results
Rank: 19 (Previous rank: 28)
CEO: Warren E. Buffett Employees: 260,519 Address: 3555 Farnam St. Omaha, Nebraska 68131 Country: U.S. Website: www.berkshirehathaway.com Berkshire Hathaway had a solid year in 2010. The company's $26 billion acquisition of Burlington Northern Santa Fe railroad as the year began paid off, and CEO Warren Buffett continued to pile up cash and look for other good places to put it. But Berkshire has seen its stock slump in 2011, with the price of the shares down by about 5% year-to-date. Troubles involving former Berkshire executive David Sokol certainly haven't helped matters. Sokol, who many thought the heir apparent at Berkshire, resigned from the company in March amid insider trading questions, leaving some investors concerned about who would lead Berkshire post-Buffett. Still, Buffett's mantra has been not to be bothered by short-term fluctuations in stock prices, and many analysts are saying that the current dip in Berkshire's shares could offer investors a rare shot to get in on a great company. --S.D. Subscribe to Fortune Magazine Is Berkshire Hathaway a great company, or what?
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